New Yankee Stadium
Spring 2009 is just around the corner and Yankee fans will be able to visit the new Yankee Stadium. Of course, it will be a little while before fans warm to the new stadium - these are indeed some big shoes to fill. Yankee Stadium has seen a lot of history come and go in the South Bronx over its 86 years; but the new Yankee Stadium will replace something great with something even greater; the new $1.3 million stadium promises to be a worthy addition to the team and to the city of New York.
Moving the stadium has been an idea since 1980 when the owner wanted to move the stadium to a safer area. Over the years, the South Bronx had become a dangerous neighborhood. While considerations were discussed and discarded new interest came to the team and by the early 90's attendance and security were up. This did not stop thoughts of a new stadium however; it just determined that the new stadium could remain in the Bronx.
Financial considerations were now the biggest obstacle to building new Yankee Stadium. During the last part of his term, the Mayor of New York came up with some plans to aid both the Yankees and the Mets to build new stadiums. Giuliani wanted to support the teams building desires by paying for half of the construction to the tune of eight hundred million dollars as well as an additional three hundred and ninety million for more transportation. The Mets would receive eighty thousand more in debt forgiveness and both teams would receive twenty-five million more for planning. To make the deal even sweeter the teams would have no property taxes, no sales tax and receive low cost electricity from the state. In addition, they would be allowed to keep 100% of parking fees, 96% of ticket fees, and 100% of all other generated revenue.
The plan would not come to fruition however as Michael Bloomberg would take office and decide to exercise the escape clause built into the contract. Unfortunately, for Bloomberg exiting mayor Giuliani had built in a clause that stated the teams could look for new homes elsewhere if the city backed out of the deal. Fortunately, for fans new plans were agreed upon that left the city footing much less of the bill and plans for the new parks forged ahead.
Much planning has gone into designing the new Yankee Stadium. The exterior will be built of Indiana Limestone and will encircle the perimeter of the entire property it will look a lot like the original park did before renovations in 1974. Keeping with the theme of the original stadium a replica of the copper frieze that adorned the first stadium will be built. Along with the original feel will come better amenities and two new restaurants that will be open year round.
Whether you support it or feel like many do that a piece of history will be lost forever, it is safe to say that the new Yankee Stadium will keep with the tradition that brought the old Yankee Stadium, one of progress and financial risk taking. It paid off the first time, we will soon see if it will a second time.
Spring 2009 is just around the corner and Yankee fans will be able to visit the new Yankee Stadium. Of course, it will be a little while before fans warm to the new stadium - these are indeed some big shoes to fill. Yankee Stadium has seen a lot of history come and go in the South Bronx over its 86 years; but the new Yankee Stadium will replace something great with something even greater; the new $1.3 million stadium promises to be a worthy addition to the team and to the city of New York.
Moving the stadium has been an idea since 1980 when the owner wanted to move the stadium to a safer area. Over the years, the South Bronx had become a dangerous neighborhood. While considerations were discussed and discarded new interest came to the team and by the early 90's attendance and security were up. This did not stop thoughts of a new stadium however; it just determined that the new stadium could remain in the Bronx.
Financial considerations were now the biggest obstacle to building new Yankee Stadium. During the last part of his term, the Mayor of New York came up with some plans to aid both the Yankees and the Mets to build new stadiums. Giuliani wanted to support the teams building desires by paying for half of the construction to the tune of eight hundred million dollars as well as an additional three hundred and ninety million for more transportation. The Mets would receive eighty thousand more in debt forgiveness and both teams would receive twenty-five million more for planning. To make the deal even sweeter the teams would have no property taxes, no sales tax and receive low cost electricity from the state. In addition, they would be allowed to keep 100% of parking fees, 96% of ticket fees, and 100% of all other generated revenue.
The plan would not come to fruition however as Michael Bloomberg would take office and decide to exercise the escape clause built into the contract. Unfortunately, for Bloomberg exiting mayor Giuliani had built in a clause that stated the teams could look for new homes elsewhere if the city backed out of the deal. Fortunately, for fans new plans were agreed upon that left the city footing much less of the bill and plans for the new parks forged ahead.
Much planning has gone into designing the new Yankee Stadium. The exterior will be built of Indiana Limestone and will encircle the perimeter of the entire property it will look a lot like the original park did before renovations in 1974. Keeping with the theme of the original stadium a replica of the copper frieze that adorned the first stadium will be built. Along with the original feel will come better amenities and two new restaurants that will be open year round.
Whether you support it or feel like many do that a piece of history will be lost forever, it is safe to say that the new Yankee Stadium will keep with the tradition that brought the old Yankee Stadium, one of progress and financial risk taking. It paid off the first time, we will soon see if it will a second time.
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